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ECU

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The European currency unit ECU was the forerunner of today's euro. The abbreviation comes from the English "European currency unit". From 1979 to 1998 the ECU was the unit of account of the European Communities (EC), later of the European Union (EU).

The European currency unit ECU was the forerunner of today's euro. The abbreviation comes from the English "European currency unit". From 1979 to 1998 the ECU was the unit of account of the... read more »
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The European currency unit ECU was the forerunner of today's euro. The abbreviation comes from the English "European currency unit". From 1979 to 1998 the ECU was the unit of account of the European Communities (EC), later of the European Union (EU).